• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Thursday, January 21, 2021
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Tariff on Kenya’s Avocado Exports to China Slashed to 7%

Eunniah MbabazibyEunniah Mbabazi
January 16, 2020
in Kenyan News, Agriculture
Reading Time: 2 min
Kenya Among Fastest Growing Avocado Exporters in the World

The tariff imposed on Kenya’s avocado exports to China has been lashed from 30% to 7%, a move that is likely to see farmers hugely benefit from the trade.

The move comes a huge relief for small scale farmers, who had initially been sidelined mainly with the regulations China put on the avocado exports. Although the orders are still in place, Trade Principal Secretary, Chris Kiptoo, says talks are underway to relax them.

After the exportation deal was signed in April last year, China demanded that the product be peeled and froze to -30 degrees, and to a further -18 degrees while in transit to the destination. This was so as to curb the fruit flies pests.

However, by October 2019, only one firm out of over 100 had met the requirements. This edged out small scale farmers who did not have the capacity to invest in cold rooms.

With the tariff slash, therefore, small scale farmers will now take advantage of the financial relief.

The government signed the deal with China, expecting the Asian nation to absorb more than 40% of Kenya’s avocado produce at its peak. The government also wanted to balance the trade between her and China, which stands at 2.5% against 97.5%.

See Also:

Kenya Seals Deal to Export Avocados to China



Previous Post

South Sudan Announces Tender for Oilfields Audit

Next Post

Ethiopian Airlines $5 Billion Airport Building to Start

Related Posts

Treasury CS Ukur

Treasury Disburses Ksh 24 Billion to Counties

January 21, 2021
UK’s CDC Group to Invest KSh110 Billion in African Businesses

UK’s CDC Group to Invest KSh110 Billion in African Businesses

January 21, 2021

Competition Authority Launches Informant Reward Scheme

January 21, 2021

Housing Finance Receives Ksh 1B Capital Boost to Back Retail and SME Lending

January 21, 2021

SMEs to cushion against pandemic as banks rush to the rescue

January 20, 2021

China Delays Kenya’s Ksh 27B Debt Repayment

January 20, 2021

Foreign Investors Pull KSh28.6 Billion from NSE in 2020

January 20, 2021

CBK’s T-Bills Auction Raises KSh 26.4 Billion, a 110.13% Subscription Rate

January 20, 2021
Load More
Next Post
Ethiopian Airlines $5 Billion Airport Building to Start

Ethiopian Airlines $5 Billion Airport Building to Start

Follow Us

  • 7.1k Fans
  • 112.4k Followers
  • 2.2k Subscribers
  • 453 Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

There are no upcoming events.

View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

Amari Book Club Recommendations

Absolute Must-Reads for Banking and Finance Professionals

January 16, 2021
Leila Fourie, JSE Group CEO

‘’Markets Recovery Don’t Imply Economic Recovery,’’ Leila Fourie, CEO Johannesburg Stock Exchange

December 31, 2020
Angaza Awards

Call For Nominations – Angaza Awards: Women to Watch in Banking & Finance

December 8, 2020
Multichoice’s Technological Innovations for 2020

Multichoice’s Technological Innovations for 2020

November 12, 2020
Zoomoo Partners with MultiChoice to expand to Africa

MultiChoice and Zoomoo Partner to Expand Children Content in Africa

November 12, 2020

About Company

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2020. Kenyan Wallstreet· All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Global Markets
    • Healthcare
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2020. Kenyan Wallstreet· All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?